🟢 GLD.NZ is trading 3.2% up today as gold prices firm and materials sector gains

GLD.NZ is trading 3.2% up at NZD 3.85 as gold-related assets firm alongside strengthening bullion prices and a broader bid into the materials sector.

• The move is supported by a risk-mixed macro backdrop and improving sentiment regarding geopolitical risks, with the Materials sector ETF gaining 1.68%.
• There is no new company-specific news; the price action extends a recent run of modest gains driven by sector-wide momentum.